GOLD Weekly Outlook Buy on DipGold is in bullish term. you can see how Higher Low has been made
1. Price might retrace to 1219-1216
2. then we can look for BUY for 1228 target price
3. Use EMA 21 + 34 to help us find dynamic entry point (alternate option)
4. SL at 1207
There is no exact move when predicting the market so i just give an analysis which is more make sense to get daily profit
please leave your likes/comments if u interested in my ideas
any discussions or critics are very welcome =)
Weeklymarketsanalysis
BITCOIN: weekly OVERVIEW - Next station at 4.663? *19.11.18*Hey tradomaniacs,
welcome to a weekly overview of Bit-Coin!
I know, everyone is nervous but also scared to miss the chance before we go up to the moon.
But it seems like we could still see some bullish momentums down to 4.663 - 4.000 before
we might continue the primary uptrend in Januar 2019!
Why do I think so?
Because big financial institutions won`t stack big positions at this price.
As always, the market will dump the retail-cryptoheads and cause panic sell-offs before they buy-in
in order to get a BTC as cheap as possible.
If you think BTC could be aa very nice alternative for the falling stock-market, you should
rather wait since the signs for a years-end-rally at the Wallstreet are positiv.
However, we will see what is going to happen.
The market is currently still bearish! Don`t buy just because you "guess" and FOMO.
Chill and wait for clear signals upwards. :-)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me!
Any questions? PM me. :-)
S&P500: Weekly overview! That Sell-Off was nothing! *19.11.18*Hey tradomaniacs,
quick another overview of SPX500!
it seems like we could turn upwards again and retest the recent ATH.
Check my recent analysis in addition to this one.
We were talking about Sell-Offs, CRASH-scnearios, recessions and soooo on.
However, this sell-off was and is still a joke and I expect a Years-End-Rally coming.
We will see. :-)
Peace and good trades
Irasor
S&P500 -WEEKLY overview - Seems like we are heading down!Hey tradomaniacs,
quick an S&P500 overview.
Do we really recover? Or did the market just buy the low of the range?
Next important Price-Levels:
Resistance: 2.817
Support: 2.761,24
The market showed enthusiasm, but it seems like the market just preparwed another A-B-C-Correction in order to continue downwards.
We will see! :-)
Peace and good trades
Irasor
Trading2ez
Wanna see more? don`t forget to follow me.
Any questions? Pm me. :-)
GBPJPY Weekly levels analysis
If we zoom out on the weekly chart, we can see that these orange levels are highly reactive whenever the price comes near them.
Zoomed in, it's clear that once we've broken past all three of them, we came back, retested the lowest one a bunch of times, broke through, retested the middle one just once before getting rejected back to below the lowest one again. (Notice how it kept consolidating around it lowest one, it shows and indecisiveness in the market)
So now we've fallen below the lowest level again and are currently getting rejected for the third time.
It's important to say that usually when a level keeps getting retested it gets broken and switches sides ( pivot ). In this case, whoever, since the other x/JPY pairs are seeing some weakness as well, it might be better to anticipate shorts. What we need to see is a breakdown on a lower time frame and a proper retrace in order to find a setup.
That green block is a daily bearish order block which is also acting as resistance currently.
In short: we're currently waiting for the breakdown, and a possible setup on retrace on a lower time frame. If GBPJPY -0.91% decides to go up anyway, we'd be looking for a break of that green order block and a possible long on a retrace.
Original idea by Svarog
GBPJPY Weekly levels analysis
If we zoom out on the weekly chart, we can see that these orange levels are highly reactive whenever the price comes near them.
Zoomed in, it's clear that once we've broken past all three of them, we came back, retested the lowest one a bunch of times, broke through, retested the middle one just once before getting rejected back to below the lowest one again. (Notice how it kept consolidating around it lowest one, it shows and indecisiveness in the market)
So now we've fallen below the lowest level again and are currently getting rejected for the third time.
It's important to say that usually when a level keeps getting retested it gets broken and switches sides (pivot). In this case, whoever, since the other x/JPY pairs are seeing some weakness as well, it might be better to anticipate shorts. What we need to see is a breakdown on a lower time frame and a proper retrace in order to find a setup.
That green block is a daily bearish order block which is also acting as resistance currently.
In short: we're currently waiting for the breakdown, and a possible setup on retrace on a lower time frame. If GBPJPY decides to go up anyway, we'd be looking for a break of that green order block and a possible long on a retrace.
(BUY, 1HR) EURJPY Watch for Buy Entry To Mini Resistance- watch price at 200 ema
- 200 ema may act as resistance due to decrease in momentum at that area
- price may reach 129.800 and pullback towards the mR1 before going up
- if price breaks past the 200 ema and 129.800, buy to t1 - mR2
- breakout from R1 suggests price may continue to scale up after pullback from either the 200 ema or 129.800 price
(BUY, DAILY) GOLD Swing Long To 50 Fib- peak high formed from December to April
- peak low formed from July to October
- hold till price reaches 50 fibonacci retracement
- stop loss placed below 23.6 fibonacci retracement
- appropriate lot size extremely important for this - gold is pretty erratic and stop hunts are usually extreme - expect pullbacks in smaller time frames and especially once price reaches 38.2 level
- risk/reward: 1:1
(SELL,1HR) USDCHF May Be Heading Down For The Week (Or Till Wed)- 3rd level consolidation
- multiple tests of the high
- wait for sell entry signal
* watch out for key news releases on Wednesday
- t1: 0.98033 -> 50 ema
- t2: 0.97416 -> 50 fibonacci retracement from start of cycle
- t3: 0.97020 -> 50 fibonacci retracement from 21 sept low
XAUUSD Possible Bullish Trend ChangeHello traders, it seems as though gold had a false break of structure and found itself back in the range. This possibly tells us that bulls are starting to take control of this market once more. For next week, I see Gold staying in this range until further notice. If price breaks above the Weekly Zone ( Highlighted in Orange ), we can see a long term bull run. I would advise looking for an entry after retest